Derivative Instruments and Hedging Activity (Tables)

3 Months Ended

Mar. 31, 2017

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Schedule of Notional Amounts of Outstanding Derivative Positions [Table Text Block]

The Company had the following outstanding interest rate derivatives that were designated as cash flow hedges of interest rate risk (in thousands, except number of instruments):

	Number of Instruments				Notional
Interest Rate	March 31,		December 31,		March 31,		December 31,
Derivatives	2017		2016		2017		2016

Interest Rate Swap		5		5	$	184,864	$	185,044

Schedule of Derivative Instruments in Statement of Financial Position, Fair Value [Table Text Block]

The table below presents the estimated fair value of the Company’s derivative financial instruments, as well as their classification in the consolidated balance sheets (in thousands).

	Asset Derivatives
	March 31, 2017			December 31, 2016
	Balance Sheet			Balance Sheet
	Location	Fair Value		Location	Fair Value
Derivatives designated as cash flow hedges:
Interest Rate Swaps	Other Assets	$	1,561	Other Assets	$	1,409

	Liability Derivatives
	March 31, 2017			December 31, 2016
	Balance Sheet			Balance Sheet
	Location	Fair Value		Location	Fair Value
Derivatives designated as cash flow hedges:
Interest Rate Swaps	Other Liabilities	$	1,404	Other Liabilities	$	1,994

Schedule of Cash Flow Hedges Included in Accumulated Other Comprehensive Income (Loss) [Table Text Block]

The table below displays the effect of the Company’s derivative financial instruments in the consolidated statements of operations and other comprehensive loss for the three and nine months ending March 31, 2017 and 2016 (in thousands).

					Location of
					Income/(Loss)
Derivatives in					Reclassifed from
Cash Flow					Accumulated OCI	Amount of Income/(Loss) Reclassified
Hedging	Amount of Income/(Loss) Recognized				into Income	from Accumulated OCI into Expense
Relationships	in OCI on Derivative (Effective Portion)				(Effective Portion)	(Effective Portion)

Three months ended March 31		2017		2016			2017		2016

Interest rate swaps	$	741	$	(2,935)	Interest Expense	$	(464)	$	(524)

Offsetting Assets And Liabilities [Table Text Block]

The gross amounts of derivative assets or liabilities can be reconciled to the Tabular Disclosure of Fair Values of Derivative Instruments above, which also provides the location that derivative assets and liabilities are presented on the consolidated balance sheets (in thousands):

As of March 31, 2017

Gross Amounts Not Offset in the

Statement of Financial Position

Gross Amounts

Net Amounts of

Gross Amounts

Offset in the

Assets presented

of Recognized

Statement of

in the statement of

Financial

Cash Collateral

Assets

Financial Position

Instruments

Received

Net Amount

Derivatives

1,561

(89)

1,472

Offsetting of Derivative Liabilities

As of March 31, 2017

Gross Amounts Not Offset in the

Statement of Financial Position

Gross Amounts

Net Amounts of

Gross Amounts

Offset in the

Liabilities presented

of Recognized

Statement of

in the statement of

Financial

Cash Collateral

Liabilities

Financial Position

Instruments

Received

Net Amount

Derivatives

1,404

(89)

1,315

Offsetting of Derivative Assets

As of December 31, 2016

Gross Amounts Not Offset in the

Statement of Financial Position

Gross Amounts

Net Amounts of

Gross Amounts

Offset in the

Assets presented

of Recognized

Statement of

in the statement of

Financial

Cash Collateral

Assets

Financial Position

Instruments

Received

Net Amount

Derivatives

1,409

(50)

1,359

As of December 31, 2016

Gross Amounts Not Offset in the

Statement of Financial Position

Gross Amounts

Net Amounts of

Gross Amounts

Offset in the

Liabilities presented

of Recognized

Statement of

in the statement of

Financial

Cash Collateral

Liabilities

Financial Position

Instruments

Received

Net Amount

Derivatives

1,994

(50)

1,944